updated 2/18/2011 7:16:53 AM ET 2011-02-18T12:16:53

DALLAS, Feb. 18, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Hyperdynamics Corp. (AMEX:HDY). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/HDY

Hyperdynamics Corp. (HDY) is an emerging independent oil and gas exploration company. The Company, through its wholly owned subsidiary, SCS Corp. (SCS), possesses contract rights for and engages in the exploration and exploitation of oil and gas in an approximately 9,650-square mile concession off the coast of the Republic of Guinea in West Africa. HDY was founded in 1996 and is based in Houston, Texas.

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In the report, the analyst notes:

"Shares of HDY jumped $0.57, or 11.33%, to close Thursday at $5.60, extending the previous day's gain after the Company announced an addition to its management staff and an energy investment firm initiated coverage on the stock.

"The oil and gas exploration company was initiated with a Market Outperform rating by Howard Weil. The firm set a $9 price target on the stock. Last week, Rodman & Renshaw also initiated coverage on HDY, setting an Outperform rating and an $8 price target on the stock."

To read the entire report visit: www.microstockprofit.com/lp/HDY

See what investors are saying about HDY at http://www.stockhideout.com

Get breaking news on HDY at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: Brian Johnson

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